Abstract

Abstract:

Interpreting China’s military expenditure has been a complicated issue with important regional implications. This article will first look at the various estimates of China’s military budget and the discrepancies in the numbers as well as the geopolitical rationale driving Chinese military planning. Although China publishes its official defense budget and provides justifications for increases in its military spending, most observers remain skeptical of the accuracy of the official figures and wary of the military modernization efforts. This skepticism has shaped the responses of other Asia-Pacific nations toward China’s military modernization. Ultimately, even if the Chinese leadership views the military buildup as a natural part of the country’s ascension to great power status, the uncertainties surrounding its military expenditures actually undermine the contention that China’s rise will be peaceful.

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